Re: [OpenFX] Latest CFTC Announcement Concerning Forex Leverage

Tuesday, August 31, 2010

 

Here is the link


http://www.cftc.gov/PressRoom/PressReleases/pr5883-10.html




On Mon, Aug 30, 2010 at 11:08 PM, wi_4x_trader <wi_4x_trader@yahoo.com> wrote:
 

Monday, August 30, 2010 8:36:27 PM
(US) CFTC announces final retail foreign exchange market rules: Backs away from controversial 10:1 leverage proposal; Lays out capital standards and reporting requirements
- To allow NFA to impose its own leverage rules with minimum security deposit of 2% (50:1) on trades involving major currencies and 5% (20:1) on the notional value of the trade for all other currencies.


__._,_.___
Recent Activity:
.

__,_._,___

No comments:

Post a Comment